Bullpen
dexMaker 0.015% · Taker 0.045%
Per-asset breakdown
Daily average of the venue's rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | ||
|---|---|---|---|---|---|---|---|
 BTC | $62,694 | -0.69% | +10.95% | +9.47% | 1h | $2.77B | $469.2M |
 ETH | $1,868.8 | -0.83% | +9.13% | +7.84% | 1h | $1.63B | $287.9M |
 HYPE | $57.206 | +0.27% | +6.86% | +9.83% | 1h | $1.28B | $89.8M |
 SOL | $74.2534 | -1.88% | +0.86% | +7.04% | 1h | $378.4M | $37.1M |
 XRP | $0.9915 | -1.24% | -5.34% | +8.63% | 1h | $112.6M | $13.4M |
 PUMP | $0.0027 | -3.32% | +10.95% | +11.58% | 1h | $87.0M | $20.5M |
 AAVE | $85.744 | -1.01% | +2.32% | +5.26% | 1h | $56.8M | $1.9M |
 LINK | $9.3529 | -2.38% | +1.18% | +8.90% | 1h | $44.1M | $10.5M |
 NEAR | $1.5926 | -2.80% | +10.95% | +10.39% | 1h | $43.8M | $2.3M |
 BNB | $601.19 | -1.47% | -14.77% | +4.21% | 1h | $36.7M | $9.4M |
Click an asset to view market overview · Funding rates update every 60s
About Bullpen funding & fees
Bullpen is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 24 perpetual markets, $6.64B total open interest, $976.7M in 24h volume. Average funding across its markets is -4.28% annualized. ORBIT compares Bullpen's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Bullpen charges 0.045% taker and 0.015% maker fees on perpetuals. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Bullpen currently runs an active points program with no token live yet — every trade accrues points toward a future airdrop. That makes it a prime venue for the long leg of a delta-neutral funding trade: you farm points on the position you are holding anyway. Estimate what those points could be worth with the [Points Calculator](/tools/points-calculator).
To run funding arbitrage with Bullpen, find an asset whose funding here diverges from another venue on the [Funding Screener](/screener), then verify the pair in the [backtester](/pair/BTC). Its most active markets right now include BTC (+10.95%), ETH (+9.13%), HYPE (+6.86%).
Frequently asked questions
- What are Bullpen trading fees?
- Bullpen charges 0.045% taker and 0.015% maker on perpetual futures. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Bullpen a CEX or DEX?
- Bullpen is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Bullpen have an airdrop or points program?
- Yes — Bullpen is actively distributing points with no token live yet. Trading volume accrues points that may convert to a future airdrop. Stack them on a funding-arbitrage long leg and value them with the ORBIT Points Calculator.
- How do I arbitrage funding rates on Bullpen?